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VIETNAM BUSINESS NEWS MAY 19

VIETNAM BUSINESS NEWS MAY 19 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  19/05/2021    10:50 GMT+7 Foodstuff prices rise, pose inflation threat         A supermarket in HCM City. With the costs of materials needed for foodstuffs rising, businesses are finding ways to cut costs so that they can keep prices steady. Photo nhandan.com.vn   Prices of foodstuffs have been increasing due to rising costs of raw materials. Do Van Khuol, supply director of Saigon Food Company, said the cost of both domestically sourced and imported inputs have risen, including those of rice and seafood, whose output has fallen.

HCM City targets annual growth of 7 percent in collective economy | Business

At a supermarket in HCM City (VNA) - Ho Chi Minh City has set a target of developing an additional 150 cooperatives and two cooperative alliances during the 2021-2025 period while posting annual average growth of 7 percent in the collective economy. The sector will contribute 0.5 percent to the city s gross regional domestic product ( GRDP) during the period and attract 15,000 more workers to cooperatives. The targets are set out in a collective economy development plan for 2021-2025 approved recently by the municipal People’s Committee. Under the plan, the city will develop new-style cooperative models in the fields of agriculture, trade, and

Honey exports face US anti-dumping probe

Tuesday, 23:07, 18/05/2021 The US Department of Commerce (DOC) has officially begun an anti-dumping investigation into honey imported from Argentina, Brazil, Ukraine, and Vietnam, the Trade Remedies Authority of Vietnam has announced. Honey exports face US anti-dumping probe. (Illustrative image) Petitioners include the American Honey Producers Association and the Sioux Honey Association. Merchandise subject to the investigation is currently classifiable under statistical sub-headings 0409.0000.05, 0409.0000.35, 0409.0000.45, 0409.0000.56, and 0409.0000.65 of the Harmonized Tariff Schedule of the United States (HTSUS). The agency said the period DOC will investigate is between October 1, 2020 and March 31, 2021, with Vietnam’s dumping margin estimated to range from 47.56 to 138.23%. The investigation is scheduled to last for 12 months and can be extended by another six months under US law.

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